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Jun 9, 2011

Financial & Forex Info | Reuters - Technology Report

Major U.S. banks came under growing pressure from banking regulators to improve the security of customer account information after Citigroup became the latest high-profile victim of a large-scale cyber attack. While Citigroup insisted the breach had been limited, experts called it the largest direct attack on a major U.S. financial institution, and forecast it could drive momentum for a systemic overhaul of the banking industry's data security measures.

Citigroup said that computer hackers breached the bank's network and accessed the data of about 200,000 bank card holders in North America. Citi waited more than a month before making the full extent of the breach public, drawing criticism from lawmakers and lawyers.

Sprint unveiled the Photon 4G, Motorola's first phone to be based on the carrier's new WiMax technology. Motorola initially held off producing WiMax phones -- touted as faster than current devices -- as Verizon Wireless and AT&T moved to rival high-speed technologies. The Motorola Photon 4G sports a 4.3-inch qHD display, 1GHz dual-core NVIDIA Tegra 2 processor, 1GB of RAM, 16GB of built-in memory, a kickstand for handsfree viewing, and is Sprint’s first world Android phone, operating on CDMA and GSM frequencies.

HP will begin selling its TouchPad on July 1 in the U.S., debuting the first tablet computer powered by Palm's operating software. The TouchPad features a 9.7-inch XGA display, a 1.2GHz Qualcomm Snapdragon processor and NFC capability. The 16GB version will sell for $499.99 and and a 32GB version for $599.99, HP said. A 3G version for the AT&T network will be available sometime this summer.

Nokia said its technology chief was on indefinite leave after a media report of strategy disagreements. Finnish newspaper Helsingin Sanomat said CTO Richard Green had disagreed with CEO Stephen Elop over Nokia's Microsoft-focused smartphone strategy and might not return. Nokia confirmed that Green was on leave and said it was for personal reasons. Speaking at a conference in London, Elop did not mention the matter but was pushed to deny that the company was for sale amid increasingly loud talk that its plunging market value has made it a target.

SEC | Enforcement Actions: Copper King Mining Corp, Alexander Lindale, LLC., Mark D. Dotson, Wilford R. Blum and Stephen G. Bennett

06/09/2011 05:05 PM EDT
The Securities and Exchange Commission announced the filing of a complaint in federal district court against Copper King Mining Corp. (Copper King), Alexander Lindale, LLC (Alexander Lindale), Mark D. Dotson (Dotson), Wilford R. Blum (Blum) and Stephen G. Bennett (Bennett). The complaint alleges that Copper King and its prior President and CEO, Dotson, authored and distributed false and misleading information on Copper King’s Internet website regarding the company’s ability to produce revenue, its ability to extract significant amounts of copper and other metals, its receipt of an irrevocable purchase order for its copper, and its receipt of a firm funding commitment for $100 million to pay for operations and build an ore processing mill.
Copper King Mining Corp, Alexander Lindale, LLC., Mark D. Dotson, Wilford R. Blum and Stephen G. Bennett

MarketWatch | Market Pulse: China export growth slows, but trade surplus wider

By Michael Kitchen 

LOS ANGELES (MarketWatch) -- China's growth in exports slowed in May, while the rise in imports accelerated, according to data out Friday. Exports rose 19.4% from a year earlier, easing sharply from 29.9% in April, the General Administration of Customs reported. The result was below expectations for a 20.4% gain, according to a Dow Jones Newswires survey of economists. Imports climbed 28.4%, faster than April's 21.8% and above expectations for a 22% gain. However, the trade surplus widened to $13.05 billion from April's $11.4 billion, although this was well below the average projection for a $18.6 billion surplus, according to the Dow Jones survey.

Financial & Forex Info | The Australian Capital Circle: Market the best way to cut carbon

Capital Circle Newsletter
Market the best way to cut carbon
The Productivity Commission report on international climate change action has sharpened the political divide over the carbon tax.

The PM's Diary: Julia Gillard is in Melbourne for the funeral of Lieutenant Marcus Case. She will stay overnight in her home city and attend the funeral of Lance-Corporal Andrew Jones tomorrow. The PM has no public appearances scheduled today. But look out for her and first bloke Tim Mathieson on 60 Minutes this Sunday night.
Tony Abbott appeared on the Today show this morning to push his case against the carbon tax. Asked about a report compensation could extend to those earning up to $170,000 a year, Mr Abbott said "the best compensation is not to have a tax''. "I think the public are seeing through this government. Why would you believe this government?... The compensation will be temporary, the tax will be permanent.'' Mr Abbott will attend the funerals of Lieutenant Case and Lance-Corporal Jones before flying out to Nauru on Saturday night.
The not-so-faceless man: Labor elder John Faulkner lamented last night he was "very pessimistic'' about the ALP's ability to reform itself and attacked Labor's governing culture of control and staying "on message'' at all costs. (report) (full transcript) But Capital Circle wonders if he has seen this video, starring the party's new National Secretary George Wright. A week and a half into the job, an earnest looking Wright urges viewers: "if you have any comments or feedback, please get them to me.''
"I look forward to meeting a lot of you in the years ahead and making sure our party is successful and does the things it believes in and pursues the values and policies that we are all involved in this for.'' Music to Faulkner's ears, one would assume.
Read more... 

MarketWatch | Personal Finance Daily: Many of us won't be able to retire until our 80s

Personal Finance Daily
JUNE 09, 2011

Many will have to work into their 80s

By MarketWatch

Don't miss these top stories:

Even if you really love your work and find your job satisfying, do you want to keep doing it until you're in your 80s? Some people might, but I'm guessing not everyone wants to or will be healthy enough to. Yet, Robert Powell says in his On Retirement column today, many Americans just might have to do that — or something like it. He analyzes a recent study from the Employee Benefits Research Institute that says, among other cheery bits, that those of us who earn between $11,700 and $31,200 a year will need to work till age 76 to have just a 50% chance of covering basic expenses in retirement. Those who earn between $31,200 and $72,500 will need to work to age 72 to have a 50% chance of funding their retirement. Retirement advisers have the standard advice: Put effort into your career, live a healthy lifestyle and research your retirement and plan ahead. Oh, and keep working.

In another work-related story, Ruth Mantell reports on new legislation about to go into effect that will make Connecticut the first state with a paid-sick-leave law. Her column looks at the pros and cons from both the employee and employer viewpoint. Good. If we're going to have to keep working until we are in our 80s, we probably will need paid sick leave.

Anne Stanley , Managing Editor, Personal Finance

Many of us won't be able to retire until our 80s

The latest research shows that you'll have to work much longer than you anticipated before you can afford to retire. In fact, many Americans will have to keep on working well into their 80s to afford retirement.
Read more: Many of us won't be able to retire until our 80s.

1-year ARM falls to record low below 3%

One-year adjustable-rate mortgages fall to 2.95% this week — their lowest level in the history of Freddie Mac's weekly survey of conforming mortgage rates — after a weaker than expected jobs report pushed all mortgage rates lower, Freddie Mac reported on Thursday.
Read more: 1-year ARM falls to record low below 3%.

Citi to issue new credit cards after data breach

Citigroup Inc. said Thursday it will issue replacement credit cards to customers who might be affected by a security breach.
Read more: Citi to issue new credit cards after data breach.

Conn. to be first state with paid-sick-day law

Connecticut is set to soon be the first state with a paid-sick-leave law. Will it be a burden on businesses and employees, or will it pay off in better public health and lower employee turnover?
Read more: Conn. to become first state with paid-sick-day law.


Morningstar enhances mutual fund rating system

Investment research firm Morningstar Inc. will introduce forward-looking analyst reports to give investors a positive, neutral or negative take on mutual funds.
Read more: Morningstar enhances mutual fund rating system.

Selling pressure is on, and defense takes hold

Structural imbalances that caused the Great Balance Sheet Recession are really pulling the strings behind the curtain, and the market shows signs of weakness, writes commentator Kevin Marder.
Read more: Selling pressure is on, and defense takes hold.

Car-ownership (and market-timing) racket?

Sick of slumping stocks? One top-performing letter is always fully invested, writes Peter Brimelow.
Read more: Car-ownership (and market-timing) racket?

5 reasons I'm banking on bank stocks now

If you are an aggressive investor, stop talking yourself out of banks for a minute and humor me as we cover 5 reasons banks could be strong buys right now:
Read more: Five reasons I'm banking on bank stocks now.


The midnight ride of Jamie Dimon

Like Sarah Palin's wacky version of Paul Revere's ride, Dimon's warning to the Federal Reserve seeks to rewrite the history of the financial crisis.
Read more: The midnight ride of Jamie Dimon.

Obama reportedly eyes Warren aide for CFPB job

It looks like long-time consumer favorite Elizabeth Warren may not be chosen to head a new consumer agency responsible in the wake of the financial crisis to regulate mortgages and other credit products. The White House is considering nominating Raj Date, a former banker with Capital One Financial Corp. to head the agency.
Read more: Obama eyes Warren aide for CFPB job.

U.S. household wealth rose in first quarter

Federal Reserve data show U.S. households' net wealth slightly higher in the first quarter as Americans further reduced their debt and benefited from higher stock prices.
Read more: U.S. household wealth rose if first quarter.

Housing recovery to be drawn out: Fed's Yellen

The housing recovery will be a long, drawn-out process even as the economic recovery progresses because of the high share of distressed sales, the large inventory of vacant homes and tight mortgage credit, the number-two Federal Reserve official says.
Read more: Housing recovery to be drawn out.

German E. coli outbreak takes toll on producers

Germany's shockingly virulent E.coli outbreak is taking a hefty toll on vegetable producers and other parts of Europe's food-supply chain.
German E. coli outbreak takes toll on producers.

Japan quake trims U.S. trade gap in April

The U.S. trade deficit narrows 6.7% in April to $43.7 billion as imports from Japan drop by record amounts after the earthquake ravages the economy. Annual revisions also surprise analysts, who were expecting a $48 billion trade gap.
Read more: Japan quake trims U.S. trade gap.

Applications for jobless benefits rise slightly

The number of jobless Americans who sought unemployment benefits rose slightly last week to 427,000, reflecting little change in a brittle U.S. labor market.
Read more: Applications for jobless benefits rise slightly.

Financial & Forex Info | Kitco New York Close Report

New York Market Close Jun 09/11 05:22 PM EDT
Metals Bid Ask Change Low High

Financial & Forex Info | Reuters - Daily Investor Update: Wall Street ends up, breaks 6-day losing streak.

Wall Street ends up, breaks 6-day losing streak
NEW YORK (Reuters) - Wall Street stocks ended higher for the first time in over a week on Thursday, with the Dow and the S&P 500 rising 1 percent, but many analysts saw the rebound as short-lived. | Full Article

ECB takes hard line on Greece in rebuff to Berlin
June 09, 2011 03:18 PM ET
FRANKFURT/ATHENS (Reuters) - The European Central Bank said on Thursday it opposed forcing private creditors to take part in debt relief for Greece, pushing back against Germany, which has demanded a bond swap to lengthen Greek debt maturities. | Full Article
Record exports temper slowdown fears
June 09, 2011 01:21 PM ET
WASHINGTON (Reuters) - Record exports in April tempered fears that the economic recovery was running off the rails, even though first-time claims for jobless benefits edged higher last week. | Full Article
PIMCO's Gross bets against U.S. swaps, not Treasuries
June 09, 2011 03:26 PM ET
NEW YORK (Reuters) - Contrary to popular belief, bond manager Bill Gross' bet against the United States has not been in the U.S. Treasury market but in interest-rate swaps, according to PIMCO's website on Thursday. | Full Article
Regulators pressure banks after Citi data breach
June 09, 2011 04:13 PM ET
NEW YORK (Reuters) - Major U.S. banks came under growing pressure from banking regulators to improve the security of customer accounts after Citigroup Inc became the latest high-profile victim of a cyber attack. | Full Article

Newt Gingrich's campaign team resigns en masse
June 09, 2011 04:13 PM ET
WASHINGTON (Reuters) - Key members of Republican Newt Gingrich's presidential campaign team resigned in protest on Thursday in a devastating blow to his 2012 hopes. | Full Article
Debt talks to speed up, taxes still a hurdle
June 09, 2011 04:18 PM ET
WASHINGTON (Reuters) - Top lawmakers aiming to reach a deficit-reduction deal agreed on Thursday to step up the pace of their talks with a series of meetings next week but said they still disagreed over the need to raise taxes. | Full Article
Goldman fined $10 million, agrees to stop trading "huddles"
June 09, 2011 03:02 PM ET
NEW YORK (Reuters) - Goldman Sachs Group Inc agreed on Thursday to pay a $10 million fine and stop giving favored clients trading ideas developed at internal gatherings known as "trading huddles." | Full Article
Microsoft loses Supreme Court case on Canadian patent
June 09, 2011 03:08 PM ET
WASHINGTON (Reuters) - Microsoft Corp suffered a defeat on Thursday when the Supreme Court upheld a record $290 million jury verdict against the software giant for infringing a small Canadian company's patent. | Full Article
Weiner vows not to resign over online sex scandal
June 09, 2011 03:12 PM ET
NEW YORK (Reuters) - Representative Anthony Weiner vowed to remain in office on Thursday despite increasing pressure for him to resign for sending lewd pictures of himself to women over the Internet and then lying about it. | Full Article

More vaccines for poor could save 6.4 million lives
Germans find E. coli uncertainty adds to suffering
Prostate drugs raise risk of prostate cancer: FDA
Most kids do okay after almost drowning: study
Most U.S. kids get vaccines, but parents still worry

The Economist | BusinessThis Week: Highlights Of New Coverage From 4th - 10th June 2011

The Economist  Business This Week  

Highlights from The Economist online's Business this week

» Buttonwood: Queasy feeling
» Monetary policy: Do central banks need external oversight?
» Charlemagne: It's all Greek to them
» The OPEC meeting: Drill will
» Internet companies: Welcome to IPOville
» Music and technology: Digitally remastered
» Ben Bernanke gave warning that "monetary policy cannot be a panacea" for America's economy, a sign taken by many that the Federal Reserve is not minded to introduce a third round of quantitative easing, or QE3, when the current programme of buying $600 billion in bonds and other assets comes to an end this month. The central bank's chairman acknowledged that the recovery was "frustratingly slow". Just 54,000 jobs were created in May; analysts were expecting the number to be around 165,000. See article 
» In an annual report to Congress the Treasury estimated that America's total public debt will exceed GDP by the end of this year, around three years earlier than forecast in its previous report in 2010.
» Peter Diamond pulled out of the nomination process to become a governor on the board of the Federal Reserve, blaming Republican senators for blocking his appointment. Barack Obama nominated Mr Diamond in April 2010, but Republicans insist he has little experience of monetary policy or banking. Mr Diamond won a Nobel prize in 2010 for his work on labour markets and the causes of unemployment. Two vacancies remain on the Fed's seven-member board of governors. See article
Regard for Lagarde
» Christine Lagarde, the French finance minister, went to India and China to drum up support for her candidacy to become the next managing director of the IMF. Both countries remained uncommitted to any candidate after her visit. The Indian government said it preferred "to be part of a consensus". Meanwhile, Agustín Carstens, the governor of Mexico's central bank, implored developing countries to back his bid to head the IMF.
» Wolfgang Schäuble, Germany's finance minister, put forward the option of extending maturities on Greek bonds for seven years for current bondholders. With the details of an additional bail-out for Greece still to be hammered out, Germany wants private investors to share the burden. It is at odds with the European Central Bank, which thinks that any form of restructuring would be viewed as a Greek default by the markets.
See article
Over a barrel
» Oil prices rose sharply when ministers from OPEC nations failed to reach agreement on raising production levels. Markets were expecting the organisation collectively to increase output by up to 1.5m barrels of oil a day after Saudi Arabia and other Gulf states proposed the move. They were opposed by Iran. See article
» The UN Food and Agriculture Organisation forecast a record harvest in cereals this year, but said this might not be enough to replenish rundown inventories. The FAO's food-price index for May was slightly lower than in April, but still only 2.5% below its all-time peak in February.
Click Here!
» Tokyo Electric Power Company, which operates the stricken Fukushima nuclear plant, saw its share price plunge by 28% after the head of the Tokyo Stock Exchange suggested that it seek a court-guided path to bankruptcy similar to that taken by Japan Airlines. JAL was delisted from the exchange and its equity wiped out when it asked for bankruptcy protection.
» British Airways became the latest airline to settle a class-action lawsuit in America for participating with other carriers in fixing cargo prices between 2000 and 2006. It agreed to pay $89.5m. BA and others have already been fined in America and Europe for operating the cartel.
» It emerged that Prada is hoping to raise up to $3 billion in its initial public offering later this month, a considerably higher amount than had been thought. The luxury-goods and fashion house is making its stockmarket debut in Hong Kong (making it the first Italian firm to list there) rather than London or Milan, another sign of the growing spending power of Asian consumers.

» The news that Groupon is to launch a much-heralded IPO led to more talk about a tech bubble. The firm promotes online discounts for services and products. Although revenue has shot up over the past year, it has yet to make a profit. Google approached Groupon with a hefty takeover offer last year, but it was rejected.
See article
» Steve Jobs unveiled Apple's new cloud-computing service, which will become available in the autumn. Users will be able to store up to five gigabytes of content free on iCloud and play music purchased from iTunes across multiple Apple gadgets, rather than just the one used to access the track. Documents, such as books and software apps, will also be more accessible. Apple's iCloud is considered the most ambitious attempt yet to create a broad-based consumer service that lets people keep information and content up to date on numerous devices. See article

The Economist | Politics This Week: Highlights of New Coverage From 4th - 10th June 2011

The EconomistPolitics This Week
Highlights from The Economist online's Politics this week
» Yemen and the Arab awakening: Who's next?
» The Syrian uprising: The balance of power is shifting
» Israel and diplomacy: Don't think about September
» Potugal's election: A grim inheritance
» The death of Ilyas Kashmiri: Droning on
» Indian politics: The swami's curse
» Sexting and politics: The Weiner war
» Peru's presidential run-off: Victory for the Andean chameleon
Brazil's government: Exit Palocci

» Ali Abdullah Saleh, Yemen's embattled president, finally left the country for Saudi Arabia after being wounded during an attack on his compound on June 3rd. He may not return. Meanwhile, fighting and strife persisted in many parts of the country. See article
» Protests against Syria's government spread and intensified. The regime said that "armed gangs" in the town of Jisr al-Shughour had killed 120 members of the security forces, but the claims were impossible to verify. At least 70 protesters in the city of Hama were reported to have been killed. See article
» Tunisia's interim government cited technical reasons for postponing the country's first election since the removal in January of Zine el-Abidine Ben Ali, its longtime dictator. Calling for an end to a wave of strikes, the interim prime minister promised that elections, originally scheduled for next month, would be held on October 23rd.
» Hundreds of Palestinians living in Syria tried to breach the Israeli border on the Golan Heights. At least eight were killed. See article
» The outgoing speaker of Nigeria's parliament, Dimeji Bankole, pleaded not guilty to 16 counts of corruption after he allegedly secured $65m in loans using public assets.

A tough road ahead
» Portugal's general election was won by the centre-right Social Democrats. Pedro Passos Coelho, the party's leader, will become prime minister later this month. His most pressing task will be to begin implementing a €78 billion ($115 billion) bail-out agreed on by the previous, Socialist-led administration with the European Union and the IMF. See article
Click Here!
» Dominique Strauss-Kahn, the French former head of the IMF, appeared in court in New York to plead not guilty to the sexual assault and attempted rape of a hotel chambermaid. A trial is not expected to begin for several months. See article
» Alyaksandr Lukashenka, the authoritarian president of Belarus, secured agreement for a $3 billion loan from a Russian-controlled regional bail-out fund. A sharp devaluation of the Belarusian rouble in May and a large current-account deficit have left the economy tottering. Mr Lukashenka is also seeking help from the IMF.
» Confusion reigned over the outbreak of a strain of E. coli in Germany that has killed 26 people and infected thousands more. The authorities said an organic bean-sprout farm near Hamburg may have been responsible, but tests seemed to suggest otherwise. Farmers from Spain, which Germany had earlier incorrectly identified as the source of the outbreak, demanded compensation over lost vegetable sales.

Double trouble
» Japan's nuclear agency announced that the reactors at the tsunami-damaged Fukushima plant released twice as much radiation as had been estimated (amounting to a fifth of Chernobyl's leaked radiation). The government apologised to the world for raising concerns about the safety of nuclear power.
» An American drone attack in Pakistan may have killed Ilyas Kashmiri, an al-Qaeda commander and potential successor to Osama bin Laden. But Pakistani and American officials were unable to agree on whether he really had been killed. See article
» India's most popular television yogi, Baba Ramdev, began a fast in Delhi against corruption and led 50,000 followers in a demonstration. A day later baton-wielding police broke up the protesters' camp, injuring dozens of activists. The Hindu-nationalist opposition party adopted Mr Ramdev's cause and other anti-corruption campaigners joined him in fasting. See article
» Australia imposed a ban on the export of live cattle to Indonesia after a public outcry over the maltreatment of Australian cattle at Indonesian abattoirs. Indonesia is Australia's biggest market for live cattle exports.

Bowing out
» Austan Goolsbee said he was stepping down as chairman of the Council of Economic Advisers to return to academic life. Mr Goolsbee has been advising Barack Obama since 2004. His decision to leave the White House came after the release of more economic data that underscore the listlessness of the recovery. See article
» Mr Obama reached a new low point for his handling of the economy and the deficit in a Washington Post/ABC poll. The survey put Mitt Romney, the Republican presidential front-runner, running neck-and-neck with the president at the election. Tim Pawlenty, another Republican contender, unveiled his economic plan, which calls for much deeper spending cuts than the ones being discussed on Capitol Hill and $2 trillion in tax cuts, which many called unrealistic.
» A grand jury charged John Edwards, who ran for the Democratic presidential nomination in 2008, with breaking campaign-finance laws by allegedly using donations to cover up an extramarital affair.
» After a week of denials, Anthony Weiner, a combative Democratic congressman from New York, admitted that he had sent a photograph of himself in his underpants to a young woman online and had had lewd exchanges with at least six other women. Mr Weiner's ambition to become mayor of New York is probably over. See article

The hullabaloo over Humala
» Ollanta Humala, a former army officer of elastic left-of-centre views, was elected as Peru's next president. He defeated Keiko Fujimori, the daughter of a corrupt former president, by 51.5% to 48.5%. Lima's stockmarket swooned after the election result, but then recovered somewhat. See article
» Antonio Palocci resigned as chief of staff to Brazil's president, Dilma Rousseff, as criticism continued of the lucrative consulting business he ran during his time as a federal congressman from 2006 to 2010. Mr Palocci was replaced by Gleisi Hoffmann, a little-known senator for the ruling Workers' Party. See article
» A judge in Chile opened an investigation into the death of Pablo Neruda, a Nobel prize-winning poet and Communist, who passed away in hospital 12 days after a military coup in 1973 that toppled the Socialist government of Salvador Allende. The same judge is investigating the death of Mr Allende, although an eyewitness and the former president's family have long maintained that he committed suicide.

NYT: Afternoon Business News: Making a Living on a Farm, Crop Sales Optional


Making a Living on a Farm, Crop Sales Optional

To survive, small farmers in America are increasingly turning to nonfarm activities, like operating bed-and-breakfasts.

Apple Eases Rules for Publishers on Apps

Apple changed its guidelines for content subscriptions sold through its App Store after publishers criticized the original terms.

I.B.M. Researchers Create High-Speed Graphene Circuits

The advance, reported in the journal Science, may have applications that include future smartphone and telephone displays.

Goldman Fined $10 Million Over 'Trading Huddles'

Massachusetts regulators have fined Goldman Sachs $10 million, a penalty that stems from an investigation of its research department.

Record U.S. Exports Shrink April Trade Deficit

The unexpected narrowing resulted from the Japanese disasters and from commodity prices, the government reported.

The Washington Post | Post Politics Afternoon Edition: Newt Gingrich's 2012 campaign implodes.

The Washington Post
Politics Afternoon Edition



  1. Newt Gingrich's 2012 campaign implodes

    Former House Speaker Newt Gingrich's presidential campaign imploded Thursday afternoon with virtually his entire senior staff leaving en masse, according to multiple sources familiar with the moves.
    » Read full article
  2. Help us read through Sarah Palin's e-mails

    We're looking for some help to analyze, contextualize, and research those e-mails right alongside Post reporters over the days following the release.
    » Read full article
  3. 2chambers: Weiner says he will not resign

    Rep. Anthony Weiner (D-N.Y.) maintained Thursday that he does not plan to resign his seat, despite growing calls from members of his party.
    » Read full article
  4. The Fix: The American public's great depression

    Pessimism about the economy permeates almost every poll that has been released this week, and it is starting to be one of the first defining characteristics of the 2012 presidential race.
    » Read full article
  5. Will unpopular Republican governors help Obama in 2012?

    Almost all of the states that will determine the next president in 2012 feature a Republican governor, and in many cases, that Republican governor is increasingly unpopular thanks the budget problems and other issues.
    » Read full article

CBS NEWS | Political Hotsheet Top Stories: Texas Gov Rick Perry considering WH run-sources

The CBS News Political Hotsheet newsletter


Texas Gov. Rick Perry considering a run for the Republican nomination for president, sources close to Perry tell CBS News
Read full story
Texas Gov Rick Perry considering WH run-sources

Newt Gingrich aides resign campaign en masse Former House Speaker, whose presidential campaign stumbled out of the gate, loses campaign manager, spokesman and senior strategists

What does the economy mean for Obama in 2012? The presidencies of George H.W. Bush, Ronald Reagan and Bill Clinton offer some perspective on how the economy could impact Obama's re-election chances

Why a Palin presidential campaign is hopeless John Dickerson: From new polls and evidence on the ground in Iowa, it's clear Republicans don't want her to run

More signs Rudy Giuliani will make 2012 bid Magazine report says former NYC mayor to throw hat in ring, and focus on N.H. after failed 2008 bid avoided the state

MarketWtach Bulletin - U.S. Markets at Close: Dow Finishes up 75 points.

Dow finishes up 75 points, breaking its longest losing streak since July
06/09/2011 04:04:46 PM

U:S. Goods and Services Deficit in April $43Bn, down from $46.8 in March Rvised

Economics and Statistics Administration Logo
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce,
announced today that total April exports of $175.6 billion and imports of $219.2 billion resulted in a goods and services deficit of $43.7 billion, down from $46.8 billion in March, revised. April exports were $2.2 billion more than March exports of $173.4 billion. April imports were $1.0 billion less than March imports of $220.2 billion.

 Detailed information can be found in next links

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